NORTH RIDGE, FARMHILL CRESCENT, STROUD, GL5 4BZ - £600,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

NORTH RIDGE is a very large extended detached house of 176m², built sometime between 1930 and 1949. It was last sold for £600,000 in January 2022, which was around 24% above the average January 2022 detached price in the Stroud local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

NORTH RIDGE Sold Prices

Land registry data shows four sales for NORTH RIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the four NORTH RIDGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 27 JAN	£600,000	£482,009	24% above HPI
2016 14 APR	£437,500	£364,800	20% above HPI
2006 28 MAR	£300,000	£288,446	4% above HPI
1997 25 JUL	£135,500	£108,614	25% above HPI

NORTH RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The four NORTH RIDGE sales between July 1997 and January 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is NORTH RIDGE?

NORTH RIDGE is 176m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 20% of detached houses in Stroud, based on EPC data. The below chart shows the distribution of detached houses by size in Stroud, and where NORTH RIDGE lies on this distribution: 89% of detached houses are smaller than NORTH RIDGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Stroud.

NORTH RIDGE: Plot and Title Map

NORTH RIDGE sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of NORTH RIDGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of NORTH RIDGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is NORTH RIDGE?

NORTH RIDGE is located on FARMHILL CRESCENT in STROUD, in the GL5 postcode district. The below map shows the position of NORTH RIDGE on FARMHILL CRESCENT.